Coal production rises 7.2 per cent in Nov, dispatches up by nearly 4 per cent
India's overall coal production rose by 7.2 per cent to 90.62 million tonnes (MT) in November compared to 84.52 MT in the same month of last year, the coal ministry said in a statement on Sunday. The coal output in the April-November period of the current fiscal rose by 6.21 per...
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Petrol, diesel sales rebound on festival demand
02 December 2024 | PTI -
Global trends, macroeconomic data, RBI’s interest rate decision key factors for markets this week: Analysts
02 December 2024 | PTI -
FPIs’ selling spree continues in November at Rs 21,612 Crore
02 December 2024 | PTI -
RBI may continue status quo on interest rate: Experts
02 December 2024 | PTI -
Reliance dominates Wizikey media visibility rankings for 2024 among all listed cos
30 November 2024 | PTI -
Exports of India’s med-tech industry could reach USD 20 bn by 2030: CII
30 November 2024 | PTI -
Malaysian billionaire tycoon Ananda Krishnan dies at age 86
30 November 2024 | PNS
Banks’ credit to industry grows by eight per cent in October: RBI data
Banks’ credit to industry grew by 8 per cent in October 2024 compared to 4.8 per cent in the year-ago period, according to the RBI data released on Friday. The Reserve Bank data also showed that credit to agriculture and allied activities registered a growth of 15.5 per cent year-on-year (y-o-y)...
Sentiments of realtors, financial institutions remain positive for future growth: Repor
Real estate developers and financial institutions are upbeat about growth potential of the realty sector for the six months ending March next year, according to Knight Frank and NAREDCO. Real estate consultant Knight Frank and realtors’ body NAREDCO on Friday released ‘Real Estate Sentiment Index Q3 2024 (July-September 2024)’, highlighting continued...
Forex reserves drop USD 1.31 bn to USD 656.5 bn
India’s forex reserves dropped USD 1.31 billion to USD 656.582 billion for the week ended November 22, the Reserve Bank of India (RBI) said. The kitty had dropped a record USD 17.761 billion to USD 657.892 billion in the previous reporting week ending November 15. The reserves, which had hit an all-time...
Fiscal deficit at 46.5 per cent of full-year target at Oct-end: Govt data
The Centre’s fiscal deficit at the end of the first seven months of financial year 2024-25 touched 46.5 per cent of the full-year target, government data showed on Friday. In absolute terms, the fiscal deficit -- the gap between government’s expenditure and revenue -- was at Rs 7,50,824 crore during April-October...
Sensex rebounds 759 points, Nifty ends above 24,100
Benchmark Sensex rallied 759 points while Nifty closed above 24,100 on Friday following buying in frontline stocks Bharti Airtel and Reliance Industries. The 30-share BSE Sensex jumped 759.05 points or 0.96 per cent to settle at 79,802.79. During the day, it soared 880.16 points or 1.11 per cent to 79,923.90. The NSE...
GDP growth slows to two-year low of 5.4 per cent in Q2
India’s economic growth slowed to near two-year low of 5.4 per cent in the July-September quarter of this fiscal due to poor performance of manufacturing and mining sectors, but the country continued to remain the fastest-growing large economy, data showed on Friday. The gross domestic product (GDP) had expanded by 8.1...
India actively engaged with 30 nations for mutual recognition agreements: CBIC Chairman
Central Board of Indirect Taxes and Customs chairman Sanjay Kumar Agarwal on Thursday said India is actively pursuing negotiation for signing of mutual recognition agreements (MRAs) with customs authorities of about 30 countries. Mutual recognition agreements help ease overseas trade by avoiding dual certifications. It thus reduces compliance cost, simplifying compliance...